Jamie Dimon: If you’d asked me in May, I would’ve told you that some time down the road, if we’re going a little bit faster than you think, people will be afraid of wages, inflation, and it’s kind of so predictable. The important thing is the higher growth.

Now you’re climbing the wall of worry. Okay, we have higher growth, wages may be going up. We all wanted it, but the flip side of that is that interest rates may go up and inflation may be a little higher than people think.

I think the job growth, the employment growth is more important than that. And of course, the markets always re-adjust to changing expectations, and now the expectations change. You also have central banks reversing the purchase of bonds. And those are legitimate concerns but again, if you have jobs and wages, that’s more important.

Dimon: I know it will shock the public. I spend almost no time worried about something like that. We serve clients. Markets fluctuate. Markets will always fluctuate. Markets have always fluctuated. To me, again, the important thing is the economy. If you had inflation and growth declining, then you should be much more worried. But it’s not about the stock market. It’s about the people and their jobs.